Month: April 2018

Senator Rand Paul is pushing for a vote on his “Penny Plan” in the coming days. This plan, in short, will make 1% cuts to every program in the federal government which will balance the budget within 5 years (with the exception of Social Security).

Quantitative easing (QE) is the “unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply. Quantitative easing increases the money supply by flooding financial institutions with capital...

The interest rate has been suppressed below 1 percent since October 2008 (0.97%) and has been kept there until only recently in June 2017 (1.04%) – marking nearly 9 years of a fully suppressed interest rate. The current interest rate as of March 2018 sits at 1.51 percent and the Fed is projecting further increases.

The Great Recession of 2008, according to the National Bureau of Economic Research, was the worst recession in United States history since the Great Depression. The term “Great Recession” is a play on words associated with the term “Great Depression.” While there are no criteria which differentiate these terms...

Though many economists have had their hand in the influence of this transition, the most notable are Keynes, Hayek, and Friedman. An overview of their thoughts have been presented but it is important to compare and contrast their views between each other. Despite the numerous disagreements between each of their theories, there is actually quite

In the early years, America’s economy, more or less, maintained the integrity and foundational principles of laissez-faire. The private sector remained virtually unmolested, with the exception of transportation, from governmental interference. Many political figures held-fast to the vision of “hands off” free-market capitalism, that is, until near the latter part of the 19th century.

Before analyzing the current layout of modern day United States’ Free Market, it is important to understand its foundation – what the system was desired to resemble, the essence of a free market. To aid in this understanding, it is important to grasp the foundational principles and those who, more or less, originated the ideas.

As many understand, the type of economy defined within the United States is more or less known as Free-Market Capitalism. The theorized definition of Free-Market Capitalism, heavily disputed by countless philosophers and economist, is a system in which the prices of goods and services are determined by unrestricted competition among privately owned businesses.

Google remains the leader as the world’s most used search engine. According to the latest Net Market Share statistics, Google dominates the field of search engines amassing 73.73% of the market, while U.S. runner-up Bing holds just 7.82% [1]. With the sheer number of search queries averaging over 40,000 per second, translating to over 3.5

Facebook has been the center of attention in regards to numerous controversies and criticisms by its users. Some of these issues include (but not limited to): Rise of fake accounts Fraudulent ads Violent and inappropriate Facebook Live streams Increasing amounts of fake news and conspiracies Recent data leaks and data mining of its users’ private